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Gesundheit wird oft als das "höchste Gut" im Leben eines Menschen bezeichnet. Nach Definition der Weltgesundheitsorganisation (WHO) bedeutet Gesundheit nicht allein "die Abwesenheit von Krankheit", sondern bezeichnet "einen Zustand vollständigen körperlichen, geistigen und sozialen...
Persistent link: https://www.econbiz.de/10010420197
This note gives a fairly complete statistical description of the Hodrick-Prescott Filter (1997), originally proposed by Leser (1961). It builds on an approach to seasonal adjustment suggested by Leser (1963) and Schlicht (1981, 1984). A moments estimator for the smoothing parameter is proposed...
Persistent link: https://www.econbiz.de/10010427394
Trend extraction from time series is often performed by using the filter proposed by Leser (1961), also known as the …
Persistent link: https://www.econbiz.de/10010427486
Trend extraction from time series is often performed by using the filter proposed by Leser (1961), also known as the …
Persistent link: https://www.econbiz.de/10010427491
Perron and Wada (J Monet Econ 56:749-65, 2009) propose a new method of decomposition of the GDP in its trend and cycle …, which presents a mixture of normals in the disturbances of the trend and cycle component of output. The obtained trend … clearly reflects the structural change undergone in the early 1990s. After a steep decrease of the trend or potential GDP as a …
Persistent link: https://www.econbiz.de/10010500567
are most pronounced in the advanced economies. The emerging economies also exhibit an upward trend in national income, but … it has been less substantial. The least developed economies, however, have been detached from this trend and remain …
Persistent link: https://www.econbiz.de/10010531622
This paper aims at analyzing the effects of social policies on income inequalities in South Africa since the 1990s. Based on a framework of historical institutionalism, the heritage of a distributional regime based on institutional racism is highlighted. This had lasting effects on social...
Persistent link: https://www.econbiz.de/10010531623
Market driven wage dispersion is a critical feature of income inequality. In this paper especially the Keynesian perspective on how to explain the global trends of rising wage dispersion is elaborated. Special attention is given to the policy implications derived from the analysis. Keynesian...
Persistent link: https://www.econbiz.de/10010531624
policies over the last decades. Despite some signs that this trend may have recently come to a halt a comprehensive policy …
Persistent link: https://www.econbiz.de/10010531625
This paper aims at analyzing the contribution of social policies to declining rates of income inequalities in Brazil since the 1990s. Based on a framework of historical institutionalism, Brazil is characterised as a traditionally patrimonial society, marked by the institution of slavery....
Persistent link: https://www.econbiz.de/10010531629